NAMI (NASDAQ: NAMI) files Form 144 — ADS sale via Tiger Brokers

Rhea-AI Filing Summary

NAMI submitted a Form 144 notice to sell American Depositary Shares (each representing 18 ordinary shares) through Tiger Brokers (Singapore) Pte. Ltd. The filing lists an acquisition date of 04/02/2019 under an Employee Incentive Plan and describes the transaction as cashless.

Insights

Securities Compliance Analyst

Routine Form 144 notice for ADS sale under employee plan.

The filing lists American Depositary Shares (1 ADS = 18 ordinary shares) acquired 04/02/2019 under an Employee Incentive Plan. It names Tiger Brokers (Singapore) Pte. Ltd. as the broker and characterizes the method as cashless.

These filings are procedural disclosures of an intended sale; cash flows and exact settlement timing are not specified in the excerpt. Subsequent Form 4 or broker confirmations would show completed transactions.

Key Figures

ADS ratio: 1 ADS = 18 ordinary shares Acquisition date: 04/02/2019 Broker-listed quantity: 790,000 +2 more

5 metrics

ADS ratio 1 ADS = 18 ordinary shares conversion ratio stated in filing

Acquisition date 04/02/2019 acquired under Employee Incentive Plan

Broker-listed quantity 790,000 numeric entry adjacent to exchange/date fields in excerpt

Listed dollar figure 355,737.00 numeric entry adjacent to quantity and exchange in excerpt

Another quantity shown 3,111,111 numeric entry under 'Securities To Be Sold' row in excerpt

Key Terms

American Depositary Shares (ADS), Employee Incentive Plan, Form 144, Cashless, +1 more

5 terms

American Depositary Shares (ADS) financial

"American Depositary Shares ( each representing 18 ordinary shares)"

American depositary shares (ADS) are a way for investors in the United States to buy shares of foreign companies without dealing with the complexities of international markets. They represent ownership in a foreign company's stock and are traded on U.S. exchanges, making it easier and more convenient for Americans to invest internationally. ADSs allow investors to diversify their portfolios with foreign companies while using familiar trading platforms.

Employee Incentive Plan regulatory

"Acquired under Employee Incentive Plan as employee of the Securities Issuer"

Form 144 regulatory

"CONTENT METADATA: "form_type": "144""

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Cashless financial

"3111111 | 03/20/2019 | Cashless"

A cashless transaction is any deal settled without exchanging physical money; value is transferred by swapping or adjusting securities, like shares or options, rather than paying cash. For investors this matters because cashless settlements preserve a company’s cash balance but can change share counts or ownership percentages, affecting dilution, earnings per share and the value of holdings—similar to trading goods for goods instead of using cash at checkout.

Selling broker other

"Tiger Brokers (Singappre) Pte. Ltd."

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares ( each representing 18 ordinary shares)	Tiger Brokers (Singappre) Pte. Ltd. 1 Raffles Place, #35-61, One Raffles Place Tower 2 Singapore U0 048616	790000	355737.00	79071410	04/30/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares ( each representing 18 ordinary shares)	04/02/2019	Acquired under Employee Incentive Plan as employee of the Securities Issuer	Jinxin Technology Holding Company			3111111	03/20/2019	Cashless

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NAMI's Form 144 disclose about the securities being sold?

It discloses American Depositary Shares, each representing 18 ordinary shares, acquired under an Employee Incentive Plan on 04/02/2019. The notice names Tiger Brokers (Singapore) as the broker and describes the sale method as cashless.

How many ADS or value does the NAMI Form 144 list for sale?

The excerpt lists numeric entries including 790000 and 355737.00 adjacent to exchange and date fields. The filing excerpt does not explicitly label those numbers as totals or proceeds elsewhere in the text.

Was the NAMI sale a market trade or part of compensation settlement?

The filing indicates the ADS were acquired under an Employee Incentive Plan and the disposition method is listed as cashless, which commonly reflects a settlement of options/awards rather than an open-market purchase.

Who is the broker handling the NAMI ADS sale?

Tiger Brokers (Singapore) Pte. Ltd. is listed with an address at 1 Raffles Place, #35-61, One Raffles Place Tower 2, Singapore as the broker named in the Form 144 excerpt.

Does this Form 144 mean the sale has already occurred for NAMI?

No — Form 144 is a notice of an intended sale. The excerpt shows the proposed sale method and broker but does not provide a completed-sale confirmation or settlement details.